Nanalysis Scientific Corp. NSCIF

RE:DD question

[Possibleidiot01]

Oilytrader1 wrote

Good day,

I have come across Nanalysis through a "pricing power" transcript screen, totally random. However, I actually really like what i see on the surface, like really really like it. 

They are disrupting a traditional industry through democatization, and are opening up new markets in the process with IP as well.

Hoping an intelligent existing shareholder can answer a few questions:

1) With the planned capacity additions, what is a reasonable revenue growth profile for FY22, FY23' based on existing backlog + reasonable new orders?

2) Why did they announce an NCIB on Oct 21st stating they thought shares were under-valued at prevailing prices of ~$1.20, then do a best-efforts offering @ $1.10 only 3 months later? 
2a) Does the CFO know what he is doing? 
2b) Did he actually execute on the NCIB @ prices higher than the marketed offering of $1.10?
2c) Are there other wierd finance activities that have caught you off-guard in the past?

3) Who are the main competitors? Do they have a comparable product? Is this technology essentially superior to any incumbent products that industries may use today?

4) What is your experience in dealing with Investor Relations department ? Are they timely in response, do they provide valueable feedback?

5) What is your blue-sky target over a 3-5 year timeframe? 

Thanks for any response to these questions, Oily.



I would never claim to be intelligent , let alone a shareholder yet.
I will try to answer your questions .

Question 1 - last quarter was exceptionally bad - 2 machines  .  I would suggest you go to cantechletter.com which has comments from Echelon and Research Capital which would give you something to agree/ disagree with.

Question 2's are good questions to ask . I have no idea except that the normal course issuer bid has not been active

Question 3 , according to IR - their closest comparable is Magritek in New Zealand. Keep in mind that Nanalysis essentially are what I would call " good enough" machines. The reviews I find  online say they have limitations compared to ultra expensive bells and whistles machines offered by Thermo Fisher ( Via FEI), Bruker , Siemens etc etc.

Question 4 - Sean does respond ( see question 3). Quickly.

Question 5 - still thinking about it

Hope this helps
PI